Do you want to...
Move to a new house?
You've seen the house you want, in the right area, but ... you can't quite raise the deposit you need.
Well, no need to lose the opportunity. We can help you move in while you save the rest of your deposit, or work on getting that promotion. Perhaps you need time to repair your credit. You can still move into that house right now and when the time is right you can get the mortgage you need to complete the purchase.
How does it work? We'll buy the house for you. You'll move in and pay rent until you're ready to buy. When you've got your finances lined up, you can buy the house.
Why do it this way? Because it means you can move into that dream house now. Get to know the neighbourhood, Enrol your kids in the local school, make new friends (or move closer to people you know already). Then, if you find you love the house, the area, the people, you can buy, confident that it's the right house for you - a place you'll be happy to keep for several years. And what's more, you'll be buying at a price agreed before you moved in!
And if you find the house doesn't suit you? Well then simply move on. No waiting to sell, no worries about early redemption penalties, or the state of the property market. You just pack up and go.
How do you know if this option will work for you? Simply answer yes to at least one of these questions:
- Have you got good equity in your existing property?
- Do you have a steady job which earns you enough - or will earn you enough in a year or two - so you can afford to make the mortgage payments?
- Can you comfortably afford to pay market level rent for the type of house you want to buy?
If you want to move into a new (to you, at least) house, and if you can say yes to any one of these questions, get in touch! Give us a call on 08000 430 141 and leave a brief message about your property goals.